PENN Entertainment maintains a Hold rating with an $18 price target due to mixed Q2 earnings and limited valuation upside compared to peers. The retail segment showed solid growth with a 5.6% increase in adjusted EBITDAR, especially strong in the Midwest and West regions. However, the Interactive segment's revenue growth has slowed sharply despite improving profitability, raising concerns about long-term competitiveness. The company remains highly leveraged with net debt around 5.2x–5.5x, making proactive debt reduction and consistent Interactive profitability key factors to watch going forward.
Dash (DASH) surged 165% from $29.62 to $78.68 in under three weeks, driven by bullish sentiment in privacy coins like Zcash. After hitting a key supply zone near $80, DASH entered a corrective phase, dropping about 31% to test support around $55 and ...
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